Personalis, Inc. (PSNL) Prices 6.579M Share Common Offering at $19/Sh

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Go back to Personalis, Inc. (PSNL) Prices 6.579M Share Common Offering at $19/Sh

Personalis Announces Pricing of Public Offering of Common Stock

August 12, 2020 2:20 AM EDT

MENLO PARK, Calif.--(BUSINESS WIRE)-- Personalis, Inc. (Nasdaq: PSNL), a leader in advanced genomics for population sequencing and cancer, today announced the pricing of its previously announced underwritten public offering of 6,578,947 shares of its common stock at a price to the public of $19.00 per share. Gross proceeds to Personalis from the offering are expected to be $125 million, before deducting underwriting discounts and commissions and estimated offering expenses.

In addition, the underwriters have been granted a 30-day option to purchase up to an additional 986,842 shares of common stock from a selling... More